Why is China still the top manufacturing destination to source from in 2024? After opening up to the world in 1978 and joining the WTO in 2001, China has gradually grown its manufacturing sector to become the world’s biggest producer of manufactured goods. This article explains the advantages of sourcing from China and working with […]
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How to Overcome Problems of Sourcing and Procurement in China? While working with Chinese suppliers can be profitable, it can also be challenging. China is far away for most people. Most people have a limited understanding of this country’s culture and language. What are some of the challenges that many people experience when doing business
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AI, smart cities and Industry 4.0: Opportunities, trends and developments in china manufacturing This article makes future predictions for the trends and developments in china manufacturing and opportunities based on current developments and China’s long-term policy goals. In the aftermath of the COVID era of 2020-2022, the world is experiencing rapid change. The same applies
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The Importance of Building Incentives in your Product Sourcing Strategy When you want people to do something in your benefit, you need to build incentives to let them do what you want them to do. When creating your sourcing strategy, you aim to ensure your needs in China are met. You can hold your supplier
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